1953 Crestview WAY #161
About This Property
The manager has listed the unit size as 1585 square feet.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2026 | No longer available | - | |
| No longer available | |||
| Feb 2, 2026 | Price Decreased |
$448,000
↓ $11K
(2.4%) | |
| Price Decreased | |||
| Sep 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 18, 2025 | Listed | $459,000 | |
| Listed | |||
| |||
|
Enjoy the Naples lifestyle without the golf fees. This first-floor end unit in Heritage Greens sits right on Arrowhead Golf Course, where western exposure delivers spectacular sunsets over the fairways and lake. The two-bedroom plus den, two-bath home is light, bright and well cared for. An open kitchen with stainless appliances flows into the main living areas, all with sweeping golf course views. Tile throughout with carpet in the bedrooms, a full laundry room and an attached garage add everyday convenience. The spacious screened lanai with electric storm shutters is the ideal place to unwind while taking in the views. Heritage Greens offers great amenities such as public pay-as-you-play golf, pickleball, tennis, basketball, playgrounds and multiple pools. It’s a well-established, tree-lined community in a prime North Naples location—close to shopping, dining, top schools and just minutes to the beach. Easy access to Interstate 75 makes it convenient for commuting or exploring. Rentals are allowed, making this a smart investment as well as a wonderful home for full-time or seasonal living.
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| Aug 9, 2025 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2025
|
2 Bed
|
2 Bath
|
1585 ft²
|
$479,000
2 Bed
2 Bath
1585 ft²
|
-
-
|
Karen Wasserman
Sun Realty
| |
|
01/19/2025
|
2 Bed
|
2 Bath
|
1585 ft²
|
$498,555
2 Bed
2 Bath
1585 ft²
|
-
-
|
Karen Wasserman
Sun Realty
| |
|
12/22/2023
|
2 Bed
|
2 Bath
|
1585 ft²
|
$460,000
2 Bed
2 Bath
1585 ft²
|
-
-
|
Mark Edward Nichols
MVP Realty Associates LLC
| |
|
10/31/2013
|
2 Bed
|
2 Bath
|
1585 ft²
|
$224,900
2 Bed
2 Bath
1585 ft²
|
$210,000
-6.63%
02/26/2014
|
Mark Young
Preferred Shore LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017